Vale faces uncertainty ahead of Q3 earnings amid rising iron ore costs
VALE Vale SA ADR
$12.20 -3.94%
View chart & analysis → - 1Vale will announce its third-quarter results after the market closes on October 29.
- 2Market expectations for earnings per share are $0.33, a 47.6% decrease from $0.63 in the same period last year.
- 3Expected revenue is $10.14 billion, a 2.7% decline from $10.42 billion in the same period last year.
So what's the key point?
Vale is preparing to release its third-quarter earnings. According to expert forecasts, earnings per share are expected to decrease significantly to $0.33 compared to last year.
Source Earnings Whispers · View original ↗
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